RBNZ figures show marked slowing of new lending to housing investors

From RBNZ's lending by borrower type figures for August

  • Overall share of new mortgage lending going to investors in the month dropped sharply
  • To just under 33%, from 37% in July and nearly 38% in June
  • Previously the ratio had been rising strongly

Data via interest.co.nz

This, of course, is just one month's figures, the question is if the slowing in lending to investors is the start of a slowing trend in the housing market

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Note, new LVR restrictions targeting investors begin on October 1 in New Zealand

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